Strengthening Decentralization - Augmenting The Consolidated Fund of the States by the Thirteenth Finance Commission: A Normative Approach

Abhay Pethe, B M Mishra and P B Rakhe

Working Papers from eSocialSciences

Abstract: The present study examines issues related to fiscal federalism at the third tier in general and grants to local bodies in particular. The study presents a normative framework to estimate the requirements of operation and maintenance (O&M) expenditure at the local body level based on three important public services that is, water, education and roads. [DRG Study Series No. 29].

Keywords: fiscal federalism; local bodies; normative frame work; expenditure; local body; local body; water; education; roads; consolidated fund; finance commission; finance; panchayat raj (search for similar items in EconPapers)
Date: 2009-08
New Economics Papers: this item is included in nep-cwa, nep-pbe and nep-ure
Note: Institutional Papers
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